Strictly Marketing Magazine May/June 2016 | Page 24

Mitch Diamond, director of sales and marketing operations at McKesson summed up the role of marketing operations as: What is Marketing Operations? In 2015, I interviewed ten marketing operation leaders to understand what was happening with this new function. Of all the definitions, I really like this one from Danny Eisner, head of marketing operations at MediaMath: “Marketing Operations is really managing the systems, data, and processes to make a scalable revenue machine as efficient as possible. Working with sales operations, and of course, sales, together we are the revenue machine for the company.” More specifically, marketing operations: · · · · · · · 24 Is a unique function that most typically reports into marketing, not IT Works as a technology group focused on use, optimization, integration, awareness, and recommendations Partners closely with sales operations Focuses on data management including data hygiene, use, optimization, and insights Provides key metrics, reports, analytics/insights, and funnel Improves processes and helps institute best practices, segmentation and campaign effectiveness Executes, tests, QAs and improves campaign execution and performance Strictly Marketing Magazine May/June 2016 “There are three key components of MO at McKesson that we manage. The first is the technology infrastructure to enable marketing functions. This includes the marketing automation system, the database and the database strategy. We also manage CRM. The second key component we manage is the analytics and metrics processes for the department, and this is really critical so we can benchmark our performance and can continuously improve. The third key component is managing and optimizing key processes such as campaign execution, lead management and budget tracking.” What is a Unicorn? What is a Unicorn and what in the heck does it have to do with this discussion? Everything! We know from fairy tales and folklore that a Unicorn is a mystical creature that is rarely, if ever, seen. In the world of marketing operations, a Unicorn is that individual who understands technology, business, and marketing. Having Unicorns on your team ensures you have a real marketing operations function, not an IT group that works with marketing technologies. According to Scott Brinker, a Unicorn (also called a marketing technologist) is “someone who has a hybrid between business and technology, a strong background in engineering and IT, is an early adopter of technology, but someone who also understands the pragmatic realities of scaling technology. But most importantly, someone who brings those skills and combines them with a deep love and passion for the marketing mix. This is a technologist that reports to the CMO, not the CIO.”